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REIT LaFinca listed on MAB for €176M
09 September 2019 | Ana Tavares

LaFinca Global Assets, is the name of the REIT that is now listed on MAB, with a reference 4.66 euro per share.

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The REIT specialised in office investment is controlled by Susana García-Cereceda, owner of 50% of the shares. Värde Partners has 39% of the capital, and Yolanda García-Cereceda 10.9%.

LaFinca’s porfolio includes buildings such as three business parks in Pozuelo de Alarcón and three office buildings in Madrid, with a combined area of 220.000 sqm estimated at 725 million euro.

According to EjePrime, the REIT doubled its profit in 2018 to 9.37 million euro.